Wall Street Zen Upgrades So-Young International (NASDAQ:SY) to "Hold"

So-Young International (NASDAQ:SY - Get Free Report) was upgraded by equities researchers at Wall Street Zen to a "hold" rating in a report released on Friday.

Separately, Citigroup upgraded shares of So-Young International from a "neutral" rating to a "buy" rating and set a $5.50 price objective on the stock in a report on Tuesday, July 8th.

So-Young International Stock Down 7.0%

SY traded down $0.40 during trading on Friday, reaching $5.33. The company had a trading volume of 1,959,147 shares, compared to its average volume of 473,555. The stock has a market cap of $540.68 million, a P/E ratio of -6.66 and a beta of 1.72. The business has a 50 day simple moving average of $12.27 and a 200-day simple moving average of $12.91. So-Young International has a 52 week low of $0.66 and a 52 week high of $6.28.

So-Young International (NASDAQ:SY - Get Free Report) last announced its quarterly earnings data on Friday, May 16th. The company reported ($0.60) earnings per share for the quarter, beating analysts' consensus estimates of ($5.10) by $4.50. So-Young International had a negative net margin of 41.03% and a negative return on equity of 2.14%. The company had revenue of $40.95 million during the quarter, compared to analyst estimates of $293.76 million.

Institutional Trading of So-Young International

A hedge fund recently raised its stake in So-Young International stock. Jane Street Group LLC increased its holdings in shares of So-Young International Inc. Sponsored ADR (NASDAQ:SY - Free Report) by 264.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,419 shares of the company's stock after purchasing an additional 26,419 shares during the quarter. Jane Street Group LLC's holdings in So-Young International were worth $30,000 at the end of the most recent reporting period. 35.31% of the stock is currently owned by institutional investors.

About So-Young International

So-Young International Inc operates an online platform for consumption healthcare services in the People's Republic of China. The company offers So-Young Mobile App that offers users medical aesthetic knowledge and experience to reach an informed medical aesthetic treatment decision and make reservations for treatment with medical professionals and medical aesthetic institutions; So-Young Beauty which provides similar interfaces and functions as the mobile app, as well as serves as additional access points to the platform; and medical aesthetic community content through its website soyoung.com.